Contact Energy’s share price has decreased by $5.7 to $4.61 in one year. I expect their share price to keep decreasing in the near future, but genesis energy have announced an increase in their profits, this may have a flow on effect on contact energy. I recommend to hold because the flow on effect from genesis energy may increase the share price in the near future.
Tuesday, 1 May 2012
Contact
Contact Energy
Contact Energy’s share price has decreased by $5.7 to $4.61 in one year. I expect their share price to keep decreasing in the near future, but genesis energy have announced an increase in their profits, this may have a flow on effect on contact energy. I recommend to hold because the flow on effect from genesis energy may increase the share price in the near future.
Contact Energy’s share price has decreased by $5.7 to $4.61 in one year. I expect their share price to keep decreasing in the near future, but genesis energy have announced an increase in their profits, this may have a flow on effect on contact energy. I recommend to hold because the flow on effect from genesis energy may increase the share price in the near future.
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